Unlock the power of GenAI for efficient RFQ & Contract Management

Unlock the power of GenAI for efficient RFQ & contract management

Simon-Kucher’s Lexicon transforms how you handle contracts by automating term extraction, reducing risk, and unlocking commercial value.

Are your contracts stored across systems with no consistent structure? Do legal and commercial teams waste hours searching for key terms, expiry dates, or compliance clauses? Then you're likely facing missed obligations, revenue leakage, and costly delays in decision-making.

We built Lexicon to solve these exact pain points. Our GenAI-powered platform scans and extracts critical terms from complex, unstructured contracts – giving you clarity, speed, and control. No more manual reviews or overlooked clauses. Just actionable insights at your fingertips.

With Lexicon, you:

Automate extraction of key terms across thousands of contracts
Identify risks and opportunities buried in legal language
Centralize access to critical contract data
Enable faster, more confident commercial decisions

By unlocking structured data from your contracts, you can optimize pricing, automate rebate calculations, reduce legal exposure, and drive stronger customer outcomes.

Simon-Kucher’s digital team combines deep commercial expertise with advanced GenAI to turn your contracts into a competitive advantage.

Ready to unlock value hidden in your contracts? Talk to us.

Effective contract management isn't just administrative work – it's a strategic lever for cost saving, risk reduction, and smarter growth. Tap into the potential today.

10%

increase in annual profitability with effective contract management

20%

faster decision-making is enabled with real-time contract analytics

10-15%

cost savings identified using insights from contracts and RFQs through renegotiations

Every Lexicon setup is tailored to your specific use case. Whether you're focused on pricing terms, renewal clauses, or compliance risk. Here’s how we get you up and running:

Ingest & consolidate

Securely upload your unstructured contracts from multiple sources – PDFs, scans, or legacy systems.

Extract & classify

Lexicon instantly reads and extracts key commercial terms like pricing, penalties, and renewal dates, with high accuracy across multiple languages.

Analyze & review

Your data is structured and benchmarked against your business rules and standard terms, highlighting gaps, risks, and opportunities.

Integrate & act

Export structured data to dashboards, contract repositories, or business systems so you can drive pricing updates, renegotiations, or compliance initiatives.

Process thousands of contracts in just hours and unlock actionable insights that drive commercial growth.

Our proven results

Smarter pricing through contract analytics
Automating quotes for efficiency & growth
Driving transparency and profitability

Smarter pricing through contract analytics

Opportunity

A leading healthcare service and software company needed to analyze its multi-year contracts, which were stored in an unstructured database
The client wanted to conduct a fast analysis of 20k contracts to identify customers for upcoming price increase campaign

Solution

Simon-Kucher classified and identified contracts eligible for price increase campaign by extracting data points from 10+ criteria

Impact

625 FTE days saved
+60% Increase of contracts analyzed for price increases
+36% More contracts identified for price increase

Automating quotes for efficiency & growth

Opportunity

An industrial manufacturer had 100+ page RFQ documents with product specifications and contract conditions often hidden in text blocks
The sales team spent excessive time manually capturing data points to calculate and build quotes

Solution

Simon-Kucher extracted terms from RFQs quickly and accurately
RFQ details were matched with the product catalogue to identify the best suitable products
The solution automatically flags where requested conditions are (not) aligned with standard contracting terms

Impact

+36% Increase of efficiency per FTE
+6% Increase of win rate by increasing response rates
+24% Increase of the volume of completed RFQ quotes

Driving transparency and profitability

Opportunity

Restructure rebate agreements to optimize margins at the account level
Create a complete and transparent overview of rebate structures and conditions per account

Solution

Simon-Kutcher automated the extracting of all bonus agreements from unstructured pdf files to a structured database
Bonus agreements for each customer were seamlessly matched with transaction details to provide full transparency, enable automated rebate calculations, and uncover hidden margin opportunities

Impact

0.5 – 1%pt margin improvement, equivalent to an annual margin increase of €3.2M – €6.5M on a revenue base of €650M
More effective negotiation process for account managers through a clear rebate overview
40+ FTE hours saved through automated extraction of bonus agreements

Our approach

Simon-Kucher Elevate creates digital growth by bringing together the right strategy, creativity, and digital competence. Our wide range of experts and data specialists understand the complex and hidden layers of every new technology.

From creating an initial concept to implementing your chosen software -- we work with you to optimize your marketing, sales, and pricing strategy through GenAI.

We provide customized approaches and tangible outcomes with solutions that are made to last and help you stay ahead in this increasingly digital world.

Discover Simon-Kucher Elevate

Contact our experts

Get in touch

With 40 years of experience and cutting-edge digital expertise, we empower businesses to stay ahead of market trends. Our data-driven, AI-enhanced strategies ensure you prioritize and implement the right commercial growth initiatives at speed.

Connect with our digital specialists today

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